Stock is in nice up trend and trading near its resistance area which is at 185-189. This is fourth time stock has come to test this resistance zone. If price manage to clear this zone of resistance with good volume then we are open for more 20 to 25% up side in price.....Keep watching and stay invested. HAPPY TRADING....
Ashoka is looking good on daily time frame. May test 195-210 . SL 171 C B
Everything mentioned on chart... Note: Do your own study before making any position... Best Wishes For Guru Purnima, Regards Akshat Patwa
JP Associates CMP 22.10 Prima facie looks like has completed it's Impulse 5 Wave Can come down to 18.50 levels in this corrective phase... Pattern gets invalidated above 23.50 Take care & safe trading...!!!
SL JUST 0.5 POINT TARGET 5 POINT RISK TO REWARD 1:10
IDEA CMP 89.40 The stock is trading near important 38.2% Fib retracement The stock may come down to 85.60 / 84 levels Pattern gets invalidated if it moves above 90.40 Take care & safe trading...!!!
Nifty CMP 9913 Chart is pretty simple... Nifty has been trading in the up trend channel since March 2017 Currently it is at the upper end of the channel... Rest explained in the chart... Plan your trade accordingly...!!! Take care & safe trading...!!!
Everything mentioned on chart... Do your own study before making any position...
BHEL: CMP 137.50 Last month, it was mentioned that BHEL chart is suggesting A buy on dips towards 133-128 zone can provide better risk::reward ratio Well the stock reversed exactly from that zone after making a low of 130.80 Going forward, the stock may gain further strength above 142... Short to medium term Target 147 / 158 SL below 128 Take care...
Shree Renuka Sugar CMP 15.66 On 21 June, when stock was @ Rs 13, we highlighted how chart is indicating good times for Renuka Sugar is round the corner... Well today the stock is up 20%... No one can time the market.... but when time comes you can surely make the most of it... All we need to do is... - Do our homework... - Identify key...
Everything is mentioned on chart... Note: Do your own study before making any position...
Plastiblends Cmp 593 Observations from chart: - the stock has given a breakout & has come out of ascending triangle - consolidation phase within triangle is of nearly 10 months in 1st chart - this is generally a low volume stock with occasional spikes in volume - MFI & RSI are currently in overbought zone -- in the short term, stock may retrace & test...
IRB Infra CMP 228 Observation - Story between Jan 2014 to June 2014 The lyrics of the song Highway Star by Deep Purple sums it up perfectly... Nobody gonna take my car I'm gonna race it to the ground Nobody gonna beat my car It's gonna break the speed of sound Oooh it's a killing machine It's got everything Like a driving power big fat tires And everything I...
Tata Power is forming a huge green candle this week. If it manages to close above 82 tomorrow, this week's low could be a good SL (weekly closing basis) to go long for possible 90+ targets. 83-85 could be a minor hurdle before blasting off.
SL and targets are mentiond on the charts... Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Nifty has made today a Bearish Engulfing Candlestick pattern... Hope we may see downside... It may fall upto 9530 regions... And if it brake those levels we may consider it as a channel breakdown.. Targets are 9630/9575/9535 SL : 9705 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
If candle closes above resistance line then Targets are 980/1010/1025 SL 950 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Clear flag breakout in weekly charts of VHL Target are 3500/3900/4200 SL: 2800 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...